2012-12-01
2012-12-31
x wisconsin

STATION
CSPAN 18
CNBC 7
CSPAN2 7
KGO (ABC) 5
CNNW 4
KTVU (FOX) 3
FBC 2
KQED (PBS) 2
MSNBCW 2
KQEH (KQED Plus) 1
KRON (MyNetworkTV) 1
LANGUAGE
English 71

Set Clip Length:


of eastern europe now has flat tax is. in all these countries, revenues have boomed. there hasn't been a big craze this is anime and estonia. this in a past and estonia with 12% flat tax. the fact is supply-side economics is booming around the world. it's only in the united states that soul-searching and from this economics of enterprise. >> what is your analysis of what is happening in what donald rumsfeld recalled old europe? >> old europe is fallen with the indulgent dilutions of the welfare state. they've all accepted dependence on a show i've government and bass have destroyed the value of their assets. when you destroy the value of your assets, ultimately the human beings who make your economy go our investments and creations of work after. when you'd appreciate this asset, reliability is become impossible. if you unleashed the assets of your economy, allows the stock market to boom and thread began, then all of a sudden these liabilities they seem impossible today become manageable in the future. >> george gilder, when you see the fight in congress over the debt ceiling or tax breaks

next month. tech stocks fall in europe after ericsson unveils a swedish crown writout related to its loss chip venture. >>> reports say the intercontinental call is in talks to buy euro next. >>> and vows to continue the current government's battle against japanese territorial claims. >>> japan's central bank has decided to extend its asset purchase program to $120 billion. it will review the bank's stance on price stability next month. abe has been putting pressure on the boj to raise its inflation target to 2% as part of efforts to fight deflation. for more on the fallout or the impact here, let's talk to luca from asia pacific. you look like you're in mourning here, but it sounds like the bank of japan has delivered pretty much what the market was looking for the. >> yes. it was delivered in order to be seen as losing independence after the campaign, very aggressive campaign from the ldp party on the bank of japan independence. actually, what -- the only policy they didn't really try, according to ldp, was being extremely aggressive, not as -- or much more aggressive than what the

prefer to expand in asia than here, or even europe that i talk to. the banner to be found in america, natural gas and all that stuff, i can think of just three companies taking advantage of it. and that's talking about exporting it. the partnership sign. a 20-year agreement with total today, cqp is the symbol there. the real problem is in the exporting of the cheaper, cleaner fuel that is natural gas. not burning it here. or manufacturing with it. the industrial renaissance as i've been telling you, as much as it just breaks my heart, is stillborn. it's not getting better. retail's a real worry. i think we've fallen off a gift cliff. so few companies i know are doing well this holiday season. it is looking like a total bust. courtesy of sandy, incredibly warm weather and, of course, the fear engendered by the serious issue that is the fiscal cliff. i see that weakness and i'm not crazy about these stocks, in general. but i think that the conclusion of the housing crisis is upon us. which means there will be more money going to building and fixing up homes in 2013 than there was in 20

. there is a terrible economy with 26% unemployment highest in europe, almost no job opportunities for young people frequentenly lead toro riots in the streets. here is leading democrat is suggesting cutting spending too quickly is a real problem. >> the european community now is concerned about all the austerity. there are many, many things you can do to reduce debt. but still have a stimulus aspect of the economy. >> experts though say europe's us aer the city a drag on the economic growth because it relies too much on taxation while failing to reign in the expansion of government. that would seem to back up a republican theme in the fiscal cliff argument. >> if we raise taxes on the top two rate, a million small businesses who employ 25% of the work force it will cost us over 700,000 jobs and reduce economic growth, lower take home pay and those things. that is a bad scenario. >> the league negotiator on the republican side of the table facing mr. obama says raiding taxes on upper -- raising taxes on upper income americans is not going to fix the problem that the country is facing. >> even the p

-quality problem, turning around europe, taking india by storm, talking about adding thousands upon thousands of stores throughout china, even showed you numbers that said unlike yum, kentucky fried chicken, hasn't seen any deceleration in china. these are my ears like i listen, i've watched. howard schultz, call me crazy, investing with them, my bad. and then i heard the questions from the audience, i didn't even listen. what were they looking at versus what i was looking at. they were looking at john carter, i was looking at the new bond movie. one after another, they were all down beat. is the expansion too rapid? whether demand for expensive coffee is there. i was waiting for a guy to say, listen, that triple cappuccino it stinks. if i were howard, i would tell them to take a hike. they were too negative versus what the company's up to. opportunity. starbucks was actually down. one time -- i have the apple ipad, you know, thing i'm like, wow, it's under 50. i mean, wow. terrific opportunity. ipad, i mentioned it, surprised one didn't come down and hit me over the head and knock me out. ap

companies going to do if they couldn't export, right, to europe? but instead of talking about that, he lashed out at an audience that was almost all jewish. he lashed out at them, and he said you guys unless you stop making anti-hitler films, the great dictator -- charlie chaplin's great dictator -- unless you stop making anti-german, anti-hitler, anti-nazi films, you are going to cause the next war. millions of american boys are going to be killed, blood will be spilled, and there will be the worst outbreak of anti-semitism this world has ever seen because everybody is going to blame everybody in this country is going to blame the jews. by 1940 he was a total, absolute pariah. nobody wanted to touch him. if he had wanted, he could have joined the american first community, you know, and signed up with lindbergh with, but he didn't want to do that, because he knew if he did that, there'd be no place in politics for his children ever, ever, ever. so he didn't. he stayed quiet. the miraculous part of the story is the part that i'm not going to be able to tell you, that you're going to hav

rain and thunderstorms. which could be on the severe side, likely too. we'll head into europe, show you what's been going on to the southeast. a low moving across turkey, brought more than 250 millimeters of rain to parts of the southwest. now, the storm is on the move, but another one just behind it, moving once again across the balkans, another 30 to 60 cent meters of snow here and it will head toward turkey after that. across the west, conditions starting to settle down here, even for central locations, really good news. high pressure expanding here. very clear for you on tuesday into wednesday. temperatures are looking pretty cold, though. london and paris, both 4 degrees around the freezing point in berlin, as well as vienna, and minus 4 in warsaw and moscow. i leave you now with your extended forecast. >>> we'll be back with more news in 30 minutes. i'm gene otani in tokyo. thank you for joining us. have a great day, wherever you are. -- captions by vitac -- www.vitac.com

factors going on here too. europe and are drowning in debt. china has a near $3 trillion reserve surplus. you've got demographics. europe and america are aging rapidly. in europe the population is shrinking. there is no such demographic problem in china. you add it all together, debt, demographics and growth rate china is indeed on course to become number one fairly soon. gregg, hold on a second. there is a danger in just extrapolating out from current trends. what's in place will go on forever. we did that with japan 30 years ago. got that one wrong. maybe we shouldn't be extrapolating like this with china. gregg: the other thing that is very conspicuous here is the enormous trade imbalance with china. our trade deficit with china has tripled over the last 10 years. point of fact i just looked it up today. we export 7%. they export 23% to the united states. isn't that a job killer for americans? >> yes it is. there is no question about it. many of the jobs which our fathers and grandfathers had in the united states left a generation ago or 10 years ago, they left for china and that's ba

from lansing. not one worker from europe's biggest bank, hsbc, will far us a criminal charge after they were accuses of failing to guard against terrorists, tax cheat and drug cartels but agreed to pay a record $1.9 billion fine to settle the case. that probably won't hurt this bank at all. last quarter, they reported $2.5 billion in net profit. according to the treasury, the failure to police transactions allowed hundreds of millions of dollars in drug money from mexican cartels to flow into the united states. the feds report the bank broke finance laws when they did business with iran and libya and cuba and others. under their deem with the feds, the bank will pay the record fine, change some policies, but not one bank employee will ever face criminal prosecution. the prosecutors say department of justice officials wanted to bring criminal charges but decided not to not because of a lack evidence but because it would put the future of the largest banks at risk. think of that. not because they didn't have the goods. they were worried about the banking system. this says clearly it

are iran and eastern europe. in iran jimmy carter helped topple the shah of iran and then stood back and did not help the new rebel government to set it sell up as self governing group and the ayatollah came in and shoved aside the well meaning democrats and set up an islamist state. look at fall of the reagan wall, when that happened we sent in people to help. we sent in bookkeepers and political experts to show them how to run the political parties and say this is how free media works but just gave them the tools. so iran, the greatest threat to world peace today. and, eastern europe, america's greatest ally. >>neil: very interesting. thank you very much. i almost forgot k.t. was speaking, the world is going to end tomorrow. did nut worry. that is when the mayans say we should be ready to say goodbye. hold off on that mortgage payment. second, take a look at what a lot of survivallives are spending their money on instead. >> they have always predicted the end of the world. >> i have a good feeling about this, sweetheart. hi. i'm henry winkler. and i'm here to tell homeowners that a

deduction will deteriorate. we are seeing a fiscal drag in europe. i would argue that we should smooth into this drag even more. make policy changes so next year the gdp is half of this speed limit. that would be consistent with extending an emergency program and some form of tax holiday. in terms of the debt ceiling, that needs to be increased. it would be nice to extend it at the next presidential election. it would be nicer to get rid of it altogether. it is anachronistic law that is a problem. it creates a great deal of uncertainty. as you can see, it can do a lot of damage to the economy. there are a lot of reasons why it is being considered to eliminate that ceiling. it should be carefully considered. at the very minimum, we should push this to the other side of the election. we do not want to address the debt ceiling on a regular basis. it is damaging confidence. on fiscal sustainability, we need deficit reduction in the next 10 years of about $3 trillion. to get there, a balanced approach would be $1.4 trillion in tax revenue. half of that would come through tax reform and the

the previous panel talk about state government, and one of the big problems in europe is that there is no fiscal coordination among the independent countries, and somewhat to our state, and who has to come along and bail them out when they have not done what they are supposed to do. i don't know that we're all that much different so we have a great panel. people that are far smarter than i am, and i'm going to introduce them all, and ask questions, and i'll ask the pam to keep answers relatively short so we can get through a lot of questions, and still get out of here on time. first of all, we have ali son frasier, director of thomas a. rowe institute for economic studies at the heritage foundation. director -- as director, she oversees the heritage foundation research on a wide range of domestic, economic issues incoming federal spending, taxes, the debt, and the deficit. before joining heritage in 2003, she was deputy director of the oklahoma office of state finance where she worked for governor frank keating. next on the panel, we have the institute fellow and the r

because many companies, high-tech companies from america, from europe, have subsidiaries in china, selling to chinese industries and trading companies. north korea works that system very well to end up with those kinds of high-tech items from outside china. and so while i can't speak specifically on the missile program i certainly can on the nuclear and yes, indeed, north korea buys european high-tech equipment and likely u.s. equipment. so it's a problem. china has been made aware of the problem but they haven't done enough and, i think this missile launch could be a further step. again if it happens, it could be another step in building pressure on china to enforce the u.n. security council sanctions on north korea and in fact to team up with the rest of the world to try to apply stronger sanctions and more effective sanctions on north korea. jon: kim jong-un and his father indicated, they proved time and time again they were more interested in having ballistic missiles and that kind of technology than they were in seeing their people fed. are you convinced that there is a way to impose

it is in europe or in asia. and i don't know personally how you grow a real economy without being able to produce goods in a competitive way. i think that it's important to also understand that there are so many factors that go into the adequacy of an educational system. you've referred to consolidation. absolutely critical. and new york state, 650 school districts. a lot of them, each of whom has their -- has one school bus or some of whom have one school bus and a commissioner transportation. >> oklahoma as tiny as we are have 521 school districts. >> that is a very tough nut politically. because education is always local. and always wants to make sure her kid gets on the football team. and it's hard to change that. but there's enormous, enormous redundancy in expenditures there. and that has to be addressed. also, the nature of the population varies. and that has an impact on the quality of education. and the ability of schools to teach. and the same time we have to recognize that 50 years ago, we had -- there weren't very many opportunities for women. there weren't very many women running sta

in europe, greece was the problem child that spent too much, saved nothing and threatened to take down the euro. new leadership, pay cuts, higher taxes as their weary government begs for more cash. committing to save the euro. it lives on, but for how long? >> the deadliest month to date as the assad regime intensified its air power. >> how much longer can this man hold on to power? bashar al assad was under even more intense pressure to step down but his regime stepped up the fire power against the opposition, civilians caught in the crossfire, more than 40,000 people have died so far. >> reporter: this is yet another bread line. >> the opposition fights on, making more dramatic gains than ever and gaining pledges of support from the international community. number one, she fought back from the brink of death after being attacked on a school bus. the taliban shot malala yousafzai. she survived, wake up in a british hospital and, according to her father, immediately asked for her school books. the world was gripped, moved and inspired by the story of one determined young girl facing do

this time on the southern coast of the mediterranean, it's very clear that europe will be vulnerable and indeed we will be worldwide, so it seems to me this is something that we should be involved in, but our friends in europe really have a lot at stake here, too. >> ambassador, we want to also ask you tonight about former vice-president dick cheney's latest remarks. now, last night he blasted president obama's foreign policy in the middle east. here's what he said in part. >> i think certainly in my conversations with many of those people, they no longer believe us. they no longer trust us. they no longer believe they can count on the united states of america to do what we did 20 years ago. our allies no longer trust us or have confidence in us and our adversaries no longer fear us. the president can make bold statement and bold talk as he did in the last couple of days but development in syria, but i don't think they care. > >> greta: ambassador, what do you think about the former vice-president's mark? >> sadly, i think he's on target. i don't think the administration has credibil

are seeing in europe. many feel they have nowhere to turn. we must never let that happen here. and election has come and gone. the people have made their choice. policy-makers still have a duty to choose between ideas that work and those that do not. when one economic policy after another has failed our working families, it is no answer to expressed compassion for them or create government programs that offer promise but do not create reforms. we must come together to advance new strategies for the the people out of poverty. let's go with what works. looking around this room at the men and women who are carrying on jack kemp's legacy, i know we are answering the call. this cause is right. jack kemp started this. we know the good fight for the american ideal wood -- will go on until we reach all people. thank you for coming in here this evening. thank you for having us this night. congratulations to marco. [applause] >> now, this is 35 minutes. >> thank you. one of the highlights of the campaign for me is when i got to travel to meet paul's mom. >> thank you. i am really privileged to be her

cannot the other way around. and this makes as special among the nations of europe. our government has no power, expt that granted it by the people. it is time to check and reverse the growth of govenment, which shows signs of having grown beyond the consent of the governed. it is my intention to curb the size and influence of the federal establishment and to demand recognition of the distinction between the powers granted to the federal government and those reserves to the states or to the people. [applause] lou: reagan's original february 1981 plan proposed in that speech, enough cuts to bring spending down to 19 percentnt of gdp by 1984 ando balance the budget. the federal government started the 2013 budget year with a $292 billion deficit in the first two months. the nation not exactly on incorrect path to what was the reagan vision three decades ago. >> this is what democracy looks like. lou: a union demonstration turned violent. michig state pro worker law cutting in to union dues. unions don't like it. one of their state legislativ supporters says, there will be blood. we will s

in their friday trading. most by about 1%. markets across europe were also weaker in early trading. we'll have a lot more of this coming up later in the broadcast. >>> and the nation pauses today to remember those killed just one week ago in newtown. >> what a remarkable week it's been. among those is the first lady, who has written a letter in this morning's "hartford courant." she writes, may the memories of those beautiful children and those heroic adults be a blessing for your community and for our country. >> and for more on the somber ceremonies, we're joined by wendy gillette in newtown. good morning, wendy. >> reporter: good morning, rob and sunny. newtown is a very different place. one week ago, at this time, it was a different place. a quiet, small town where violence was extremely rare. now, as the nation continues to heal after the massacre, many will pause this morning to remember what was lost. bells across connecticut will toll 26 times at 9:30 this morning, marking the exact moment when terror invaded sandy hook elementary school. governor dan malloy called for a moment of sile

family. it is still in europe however because bad weather is keeping it at the dock. >>> well, today on ktvu channel 2 news at 5:00, continuing coverage over that fiscal cliff crisis, more on that plus what happens to your paycheck and your monthly income if lawmakers fail to make a deal by january 1st. >>> thanks for trusting ktvu channel 2 news, we are going to see you the next time news breaks also we are always here for you on ktvu.com and mobile ktvu.com, have a great thursday everyone. send comments to comments@captioncolorado.com captions by terry james, caption colorado, llc. [ female announcer ] now get high speed internet at home on our newly expanded advanced digital network, a connection you can count on. introducing at&t u-verse high speed internet with more speed options, reliability and wi-fi hot spots than ever. call at&t now to get u-verse high speed internet for as little as $14.95 a month for 12 months with a one-year price guarantee. it's the fastest internet for the price. our newly expanded advanced digital network gives you more of what you enjoy online. and wi

in eastern and central europe that are struggling to not only become members of the european union, but to join the north anti-ic treaty organization because they -- atlantic treaty organization because they are still seek a chance to be free from that kind of repression. i'm reminded what took place during the 2008 olympics, summer olympics, in georgia when we saw the incursion from putin's russia into georgia over the break away regions, and we continue to see lots of threats. it is a very dangerous world. very dangerous world. tragically, plato said only the dead have seen the end of war. and i remember this, we saw the demise of the soviet union, the kremlin, berlin wall, many of us did believe, and it was famously wrote about the end of history believing that political pluralism, rule of law, and self-determination, and democratic institutions would thrive all over the world. well, it hasn't quite worked out that way in the last couple of decades. and we all know what the consequences of those threats have been for the first time ever. we had the kind of attack we did on septe

of the next 10, 15 and 20 years. some people look to europe and say austerity there is not working. and i agree. an austerity program that's too quick can only make our problems worse. but i also see parts of europe that said by kicking the can down the road they can ignore their problems. and the only thing worse than austerity is the bond markets forcing a crisis upon your economy, forcing a crisis that would make a divide between spending and revenues more unsustainable. if we wait 3 years, 5 years, 10 years, 12 years from now we will be unable to safely deal with these problems. that's why we need a balanced and responsible deal now. after the election, many of my colleagues, particularly those on the republican side, have sort of publicly acknowledged that we need new revenue, has to be part of the solution. i believe even some of the numbers the president put forward in terms of revenue goals are too modest in terms of of what is needed to be put back into the revenue stream not to grow the size of government but to simply pay our bills. it is critically important that this new reve

: the waft is sweeping europe and soon to be on our shores. at juniper kitchen restaurant in ontario, he creates a revolutionary eating experience. show us how it's done. >> since you said you like mint chocolate chips, we're going to do that. so just straight, raw ingredients. mint and cocoa mint, put these together, a little syrup. a little chocolate. we're going to strain all that out. let's see what happens. there's the straw. >> reporter: it's like an ice cream cloud. with endless flavor combinations, he can turn any meal into a culinary quiz show. let's see if you can trip me up. >> this one might stump you. >> cherry? >> no. >> reporter: raspberry. >> that's it. >> reporter: round two, here we go. >> classic cocktail. you almost got it. >> reporter: is this a mojito? >> yes, it is. >> reporter: and i'm cuban and it took me that long to get that one. >> our hold friend tonya rivero. i still got to chew. i don't know about you. >> i don't know if he makes a potato chip vapor. >> i'm still going for it, though. >> you can still inhale those. >> that's how charlie sheen eats. >>> this

with nutrients. and considered fine dining. and always have been in europe. >> always have been in europe. but the u.s. has been squeamish about those types of meat. >> not anymore. >> not anymore. >> but today, you have two dishes to start any meal. let's get started. the first one, is something with pomegranate. >> i want to start with chicories. they're bitter greens. most people have a beef or ham, a turkey. you want to have something that's going to be a little bitter that will cut that richness. so, we try to work with, you know, a little bit of bitter greens. this is your standard treviso. i'm going to cut that nice. really festive colors. really beautiful. >> and this is kosto franco. >> it likes -- >> i'm going to take out that core. watch out. i don't like to cut this green. i like to tear it. >> and you also have pomegranates. are these pistachios? >> these are pistachios. you have all these vibrant colors here. really simple. and now, pistachios are going to add a nut meat, fat protein to it. >> how do you get them out of the pomegranate? >> that is so hard. >> would you mind

on foreign relation, which is an important group to speak to in new york. she could go to europe and speak to yacht. she could people to the european parliament. >> bill: she'll make a lot of money giving speeches. >> she could and keep herself relevant until late -- by keeping herself out of the campaign rakes she keeps the target minimized. she's a very polarizing figure. lots of things for her critics to attack her on. the longer -- >> bill: real quick, do you expect a book from the woman? >> oh, yeah. absolutely. >> bill: okay. now, there is another woman in the c.i.a., and i want to spend a lot of time. about this woman who tracked down bin laden and then got into all kinds of trouble. do we know who this woman is? do you know her? >> yeah. we do believe we know who she is. we're not going to use her name on the program. but it's believed she was an analyst at c.i.a.'s afpac analysis unit, afghanistan and pakistan. she was an early believer that you could use -- you could track the courier system through al-qaeda in and around the cities, not the caves of pakistan, to get to bin laden

they react. one of the things that has happened since 1989 is the reason we used to call eastern europe has become very differentiated. these countries no longer have much in common with one another except for the common memory of communist occupation. >> more >anne applebaum from her historical narrative, "iron curtain," sunday night on "q &a " on that night at 8:00. >> at 10:00 eastern, efforts to increase homeownership programs hosted by the burping institution. in 30 minutes, the national taxpayer advocate discusses what the fiscal cliff needs for -- means for tax filing season. the doc fix will be explained that at 9:15, i look at how the u.s. population is expected to u.s. population is expected to change over the

is that coming from because i see china coming back a little, maybe europe's done going down, we seem to be a little bit stalled. somebody's building something around this world. >> i think it's a matter of jabil being very competitive in the markets we serve and having sufficient diversification so that if one part of our business, for instance networking on telecommunications may be going through a lull or slower period with government spending and bess spending, capital spending down, we have some other parts of our business that are doing extremely well. you mentioned some of the mechanics business we're involved in which we call our consumer technology business. that has nothing to do with electronics so we don't have to sell any electronic hardware for those businesses to perform well. parts of our business are a reflection of the economy and other parts of our business are growing very robustly. so i'm very hopeful for the balance of the year and, you know, i think the company is diversified enough to take advantage of whatever opportunities are out there. >> okay. i am so glad

forecast. europe offers the same lesson in reverse. thank you. as jim says, every time we talk about this, they keep taking the wrong -- lindsey graham said we're going to be greece. yeah, if we do what you want! the best way to generate jobs and growth is for the government to spend more, not less. and for taxes to stay lor owe become lower on the middle class. so you know, just -- >> roosevelt made that mistake in 1937 when the deficit hawks were saying we gotta slow this thing down. things started reverting to the depression era. levels and he quickly changed course. >> stephanie: rise finishes by saying most of the media have bought into the narrative it stems from an out-of-control budget deficit. we're talking about the fiscal cliff. he said -- let's see. interest rates he was talking about are lower than they've been in our living memory. in fact, if there was ever a time for america to borrow more to put people back to work, rebuilding our schools and crumbling infrastructure, it is now. robert reic

cliff and a slowdown in the world's economy and in asia and in europe. so these are the three factors that have come together to give us a sustained drop in the price of gasoline almost over the last three weeks, wolf. >> is this a short-term development? what's in store over the longer term? >> we're into that lower driving season. obviously, spring and summer are bigger driving seasons. you'll see a pickup in demand when we get back into spring. that typically happens. a lot of it depends on the price of oil. that depends on what happens in the world economy. there are two things happening. one is the fiscal cliff. and the recession in europe. if things continue to slow down economically, we'll see less demand for gasoline. if there's more tension in the middle east, we'll see higher prices for oil. those are two things that could affect the price of oil, which will affect the price of gasoline. one thing to remember, that over the last ten years or so, wolf, demand for gasoline has started to drop off, as cars have become more efficient and as we've become better conservers. you'll

traveled to 15 countries over the last four years. i told these companies that built the rails in europe and asia, come to america. invest in america. many of them are here now. in the absence of congress not providing the money but the leadership of the president's providing the money, we would get there with public money. until we do, we will use private dollars. >> with all respect, there is not 50 minutes worth of vision in this congress. the chairman likes to exclude himself. i very much respect and i believe it is the way to proceed not to give up on high-speed rail. i beg you not to get up. -- giv eup. e up. if you continue to flake this money out, it in the end there will be huge criticism of the administration for having nothing to show for a bond. above is a possible for you to think you're a fiscal priority based on a real time vision of what lies ahead for us in the next five years so that we might prioritized among these projects which for example have state go ahead. the projects were you see an opportunity for private sector funding. on some rational basis, we're going to

all too common. the country sends goods all the over the u.s. and europe. this factory had links through subcontractors to retail giants such as wal-mart, sears and disney. but safety is often ignored in the pressure to keep production moving for a global supply chain. the enter in the labor rights forum says more than 600 people have died in bangladesh garment factory fires since 2005. this blaze was followed two days later by a 12-story fire in another part of the town. there were no deaths in that blaze. for more on all this we turn to steven greenhouse who covers labor and workplace issues for the noork times. thanks for being with us. steven, bring us up to speed. after that fire there were documents an activist group put out which seemed to indicate retailers unwilling to pay for some of the safety upgrades. >> yes. documents came out from a that was held last year in bangladesh. a meeting called by the government and by the bangladesh manufacturers association that was urging those giant western retailers like the gap, like wal-mart to like step up to the plate and agree t

and paying a fine. the justice department announced agreement with hsbc the biggest bank in all of europe. as part of of the deal hsbc agrees to pay $1.9 billion in fines. a lot of money certainly. but for this bank it's the equivalent of roughly seven weeks of profits. in exchange, these are among the charges that will now disappear. laundering more than $880 million in drug money. and allowing $660 million in prohibited transactions from countries including libya, cuba, burma, sudan and iran. federal prosecutors say the bankers didn't just look the other way, they actually went a step further. one occasion hsbc instructed a bank in iran on how to format payment messages so that the transactions would not be blocked or rejected by the united states. >> shepard: in other words, the bankers told the iranians how to get around our laws. in a statement, the bank's chief executive says we accept responsibility for our mistakes. we have said we are profoundly sorry for them and we do so again. so the bank is sorry but again nobody is going to prison. prosecutors say some people at the justice

epidemic. >> i have to say, julian, i'm relieved you mentioned europe. if i had done that i would be told to go back to britain. i was born in a country and lived for over 30 years in a country where there are very strict laws and as a consequence firearms are not used to resolve domestic disputes, arguments between partners, and so on. whereas having lived here for the last almost nine years, i have become -- it's almost commonplace this kind of event. >> in the uk i think the deaths in the last year or so were 60 gun-related homicides in the entire year. in a country that has very, very strong gun control legislation. compare that to 30 a day, 200 a week, 11,000 a year. i mean, the data is just overwhelming in this case. >> and yet, joan, notwithstanding what julian has just said, in places like michigan the legislature has actually promoted bills which allow people to carry concealed weapons into church, onto school premises, into colleges. >> right. >> notwithstanding the evidence. >> notwithstanding the evidence, and they did that right after the clackamas shooting which also use ass

or " norad'.. he is in western europe. he has just left the united king start northern ireland, and then i will lead with four. billion the gifts have been delivered. and then-you will go from ireland from northern ireland. he is going to go west and eventually will ride in the bay area. around the world. it is difficult to pinpoint exactly where he is but needless to stay we will continue to follow this developing story. >> the real story could be on the slatsanta's sleigh the real story-however, take a look at this interesting impersonators in sweden. they were spotted showing off their skill on motorcycles. >> a home in san diego has been decorated with 35,000 christmas lights. a neighbor took this video -- showing the huge display.. he says the family has set up elaborate displays for many years.despite power bills that run about a thousand dollars. >> this toy drive is that lefty voca--o ' tooloes. the wanted to collect about 15,000 but they've only collected 1000. >> this is the 12th year that the san francisco firefighters toy program has had a last minute toy drive with 44,000 chi

very little difficulty in distinguishing ourselves from the crisis that is in gulf and europe and especially greece. the other thing we could do is come to a midline course of action where you could actually -- what can you minimally due to cut spending? what can you minimally due to have shared sacrifice so everyone is sacrificing something in this game? the other thing we don't talk about -- the interest rates on the deficit have been the lowest in 200 years. if we went back to what it was 50 years ago, it would triple. ishave not got to thin leaderst not about being popular or well- liked. he may lose his leadership role. in the end, he would have saved this country from fiscal disaster, from bankruptcy, and a crisis that will affect all americans them that all americans. . all americans. host: what would you like to see done? is this a united opinion on the right when it comes to how it should be handled? guest: let's take the impact of the tax policies. that is a very good question. if you are a worker making $60,000 a year, head of household, and if your income bracket i

from europe to north america of the 1937 and they didn't have a full airship, only 36 passengers. at that time in 1937, $400 per ticket, one way, $720 round trip. think of what that would cost in today's parameters. >> no kidding. we'll get answers perhaps on sunday. >>> well before jon stewart and steven colbert, political satire was in the pages of "mad" magazine. >> and now "mad" is celebrating 60 years of poking fun. it's coming up on "world news now." >> announcer: "world ♪ ♪ mad world mad world >>> nice song choice, guys. "mad" magazine is celebrating 60 years of making fun of the american landscape with a brand new book. >> it's called "totally mad -- 60 years of humor, satire, stupidity and stupidity." here to help us celebrate this stupid milestone, can we call it that? not really. "mad" magazine writer, good morning dick bedebartolo. >> let me read this one line. as of his byline in issue 502 in 2009, your material has appeared in 400 consecutive issues of "mad" magazine dating back to 1966, my friend. >> yeah, yeah. >> you are a veteran. >> i've been paid for five

in europe is 25%. like france is not where we want to be on tax policy. the canadians are at 17%. where you have high marginal tax rates, it slows economic growth. you can see it on the corporate side and on the individual side. we will over time take the corporate rate to 25 from 35. because it will be better for growth, we will actually have more revenue for the government and not less. with government growth at 4% per year, reagan levels, versus 2% per year, france over last 20 years or obama over last four, you do that for decades, the federal cabinet raises $5 trillion in additional tax revenue. the best way to get revenue for the government at such strong, robust and jobs-creating economic growth. unfortunately, president obama and the democrats have taken the opposite direction over the last four years. that's why we are in this mess. host: now to an independent in georgia, al. if i would push the right button. sorry about that. al, good morning. caller: good morning. the last time you were on c- span, i managed to get through. it was on the heels of you going to atlanta and to chast

that has happened since 1989 is the region we used to call europe has become very differentiated. they no longer have much in common with one another. >> more with anne applebaum sunday night at 8:00 p.m. on c- span's "q&a." next, grover norquist was on this morning's "washington journal." this is 40 minutes. host: someone who's been in the news and on the news lately is on your screen now, grover norquist, president of americans for tax reform. mr. norquist, make your case for no tax increases at this point in our economic situation. guest: two years ago president obama extended all of the tax cuts that lapsed in janurary. he did so because he said the economy was weak and raising taxes ordered. the economy is not any stronger now than it was. in addition to the tax increase, he wants to impose by letting some of the bush tax cuts laps, he has already got a trillion dollars in tax increases that starting in january to pay for obamacare. when you think about fiscal cliff, the bush tax cuts have collapsed, sequestration cuts spending, and then there's a trillion dollar tax increas

than five had gone to elementary school in the united states. they came from china, europe, israel. we are not doing a good job in the states in making science and technology a profitable activity, where kids can commit their entire lives and careers to it. the best thing we can do is to invest in science and technology and mathematics education in our elementary and high schools. about the role of private enterprise in solving the problems. i believe that no import technology ever becomes broadly used unless it is commercialized and is an innovation that people want to use. there are smart people like the one building a private space company or another founder who has a fund in silicon valley. smart people who are trying to use private enterprise to solve big problems. i did not discount that. government and academia has its role. one has talked a lot about going to mars. he hopes to die on mars as a first human columnisonist. we had to build 30 saturn-5 rockets, each exerting 7 million pounds of thrust. n out ofhasn't gotte low-earth orbit. going to mars is like building the pyramids

. and this was a song that was literally a global phenomenon. it came to us from korea, spread through europe, the united states, south america. i've seen videos from people all over the world doing the dance. it really created something that was at a global style. this is one of the things that is happening on youtube. we're seeing that more and more over time. >> we're talking about international. how's the fiscal cliff doing in terms of internet searches? >> not as many compelling searches about the fiscal cliff. >> happy new year. >> thank you. appreciate it. >> that's how we become famous, make a compelling fiscal cliff video. gangnam style. >> ahead on "starting point," a health scare for hillary clinton. the secretary of state is in the hospital being treated for a blood clot. the latest on her condition in a moment. >> and 16 hours and counting until the fiscal cliff free fall. can they possibly get something done? sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than

on anyone? guest: the u.s. economy is still wobbly. southern europe is in a severe recession. germany and france are about to go in recession. when you have a shaky economy, piling on taxes does not work. spain's has been raising taxes. we have not seen anything like this with governments deliberately raising taxes on a scale since the early 1930's. they should be going in the opposite direction. they are putting more burdens on the private economies. host: somebody who may be in your income group wrote an op-ed about a month ago and this is part of it. i want to get your reaction. guest: in terms of income and what people effectively pay in tax rates, people and higher incomes pay effective tax rates three times those earning middle incomes in this country. salaried income versus capital gains gets confused. capital gains are no sure things. it is a high-risk proposition. there has always been a lower rate for capital gains. you would see this economy crater and hope of investment and go by the boards. bill clinton lowered the tax rates. to reverse that trend, that was a bad decade,

and be at home. they didn't die in the middle east. they didn't die in eastern europe. they didn't die in africa were central or south america. they died right here in their own country tried to get all their people to become participated in the democratic process. and right now there is an attempt on the part of several members of congress, both democrats and republicans to get the postal service to issue a stay on in honor of these three young men. [applause] so we had to work in as. we mobilize. we had to speak up, we had to speak out. we had to get in trouble, good trouble, necessary travel. after dark or martin luther king received the nobel peace prize in december 1964, after president johnson signed the civil rights act in july 1964, dr. king had a meeting with the president. when he returned from europe, told him we needed voting rights act. president clinton johnson told dr. king in so many words, we don't have the votes in the congress to get it out of my sight pass. dr. martin luther king junior came back to atlanta, but with a group of us. my organization was already involved. and se

energy corridor serving central and southeastern europe and unleashing our own liquified natural gas exports to address the energy vulnerabilities of our closest allies. the potential global crisis over food production is less well understood. whereas research is opening many new frontiers in the energy sphere, the productivity of global agriculture will not keep up with projected food demand unless many countries change their policies. this starts with a much wider embrace of agriculture technology, including genetically modified techniques. the risks of climate change intensify this imperative. even as we deal with potential resource constraints, our country remains vulnerability to -- remains vulnerable to terrorism and assymetric warfare. access to the internet and social media has deeply altered international politics. in most cases for the better, but it's also contributed to instability, to sudden upheavals, like the arab spring. it's allowed destructive terrorist movements like al qaeda to franchise themselves. it's intensified risks of cyber attacks, espionage and the prolif

the world. the u.s. is a heavy user of credit products. europe is a distant second. it gives you a backdrop of the credit availability. this gives you some backdrop that the markets in the united states have come back to an extent if you look at the various asset classes. not as many people buying cars. the market is functioning. most of the student loans are going under the government's balance sheet. different loan obligations -- this data is a little bit old. $50 billion and that market is rapidly returning. this is the slide that everybody talks about, the dramatic change in how mortgage credit is made in the united states over the past six years. securitization of volumes have gone up by $300 billion in the past six years. private credit is a huge volume. $700 billion put through the private label security system. $22 billion is overstating it. of all the slides i have, this is the most telling about where the credit is coming from. it's coming to fannie and freddie and fha. 90% of loans are effectively being guaranteed by the government. it is not just a u.s. phenomenon. europe does n

heading into syria from europe. they are fighting against president assad but what they want to turn syria inis to nothing short of an islamic state for militant operations. it's difficult to give weapons to the sp significance because the united states fears the weapons will end up in the arms of the islamists being used against u.s. soldiers. this comes as everyone is trying to figure out who to get behind. the increasing civilian cost. it seems we hear of something worse happening. just today the possibility of a massacre in a village would be seen as a village that was loyal to president bashar al-asaad's re gleem syria. a number of -- bashar al-asaad's regime in syria. we can't figure out if people were killed by the rebels to make it look like the government did it or the government did the and the rebels are reporting on it. but the deaths of women and children is increasing every day. megyn: new concerns that al qaeda loyalists are gang the upper hand in the fight to take control of syria. colonel ralph peters will explain the high stakes battle. who wins and what america can lose.

have been cleared, he kept on working. >> you are known as a very good fighter in europe. what are the factors or characteristics? >> i do not know what you mean. we were unsettled -- considered gentle people. something happens to a person. when there is a cause. keep in mind the people who sell forward and volunteer, they are a very special breed. i am not suggestion we were superman or people better than the rest, a coptic christian jen -- a consecration the -- a concentration camp mahood half -- i had to ask myself a question. what i have volunteered? to this day, i am not able to get an honest response. i cannot be honest with yes or no. the fact that hundreds upon hundreds volunteered under those conditions is not only historic. it is almost unbelievable. i do not suppose there is any similar chapter in our history where people in large numbers stood up and said we have got to defend a country that is doing us harm. when you look back the life in the camps, there were children standing up before school, pledging allegiance to the flag. it is almost beyond comprehension. wh

. now he said he has reached a settlement. it's still in europe because bad weather is keeping it at the dock. >> a santa cruz biologist said seaports otters eat sea urchins that eat kelp, that means more kelp, that captures more carbon dioxide. he believes if enough grows it could help cool the planet. >>> today in san francisco more than 100 volunteers will take to the streets recording every bird that they spot. its part of the yearly christmas bird count. the volunteers will be using canoes and golf carts to cover as much area as possible throughout the day. this year's data is important this are using to predict the impact of climate change. the first part of the count took place on december 16th >> there is a serious accident in marin. we are watch that. >> reporter: west of fairfax near wood acre. a carvers a tree. the driver was ejected so it's a serious injury accident. we have an injury between half moon bay and san mateo. you can see chopper 2 flew in to the area. the scene has been cleared but traffic has been impacted in both directions, the chp said you can expe

of the things that has happened since 1989 is the region we used to call eastern europe has become differentiated. it is no longer -- they do not have much in common except for the memory of communist occupation. >> more with anne applebaum, and the end of world war ii through 1956. "iron curtain," sunday night at 8:00 on c-span's q&a. former budget director peter orszag says concerns over the fiscal cliff have been overblown and the focus should shift to the debt limit increase. the global vice chairman for citigroup predicted that republicans will ultimately caved in on tax increases. this is 15 minutes. >> four protections. discuss what will the impending fiscal cliff means for tax filing season. and the formula for paying doctors under medicare. later, a look at how the u.s. population is expected to change. our guests are jennifer, a demographer for the senses, and william, a demographer for the brookings -- >> medicare costs will grow less than 3%, which is unbelievably low by historical standards. or that we saw last year. in a continuation of a value- based health-care syst

around the world, spikes in cases being seen in eastern europe, asia, africa and the united states. >> it's important to know that the fight against hiv in the united states is far from over. particularly in populations like young, gay, bisexual and who men who have sex with men, they are the most affected. >> reporter: she said a major concern in the united states is many of those infected don't know it. that's why the cdc is working along with local health departments to educate and support those who need it. >> the fact we do have treatments available, that's very important. its key also to talk about activitying because if individuals are not aware of their status they can't be linked to the treatment center, they can't protect their own health and the health of those they love. >> reporter: the president reinforced the united states commitment to prevent the spread of aids and help end the pandemic. in new york. >> hundreds had to be evacuated after a train derailed on a new jersey bridge. the accident caused more than 12,000-gallons of chemicals to spill into a creek. 71 w

defeating spain to win the highest unemployment rate in europe. congratulations. not. next, $2 billion. that's how much a cable box cost when it's not even on. they continue to run using up electricity. the worst offenders, dvr's. that's $2 billion across the country. not just at your house. and finally, $5,000. that's the christmas bonus being handed to employees at publisher random house. they can thank this year's best seller "50 shades of gray" and $55,000 for christmas bonus. gretch, over to you and a couple of special guests. >> gretchen: this next story is an emotional one and the perfect one for the christmas season. five years ago, doctors told our next guest that he would never walk again. on christmas eve, he was involved in a deadly rather cash. older driver spun out of control, crashing into his family's suv, can iing both his father and his brother, 17-year-old girlfriend. brock was left paralyzed from the waist down. but he never stopped living his life and believing that he would walk again. and now in two weeks, guess what he's gog do? he's going to walk down the aisle unass

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